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DISMISSAL OF SNF INC., UNFAIR COMPETITION SUIT AGAINST ZL CHEMICALS LTD.

PRESS RELEASE


SNF Inc., SNF S.A., SNF Oman LLC, and Petroleum Polymer Co. LLC (“SNF”) and ZL Chemicals Ltd., Polymer Experts LLC, and ZL EOR Chemicals Ltd. (“ZL”), are jointly announcing that they have reached a confidential settlement concerning the suit filed by SNF against ZL and the counterclaim filed by ZL against SNF in SNF Inc. v. ZL Chemicals Ltd., et. al. (the “Litigation”) in the United States District Court for the Southern District of Texas, Houston Division. The Parties filed a joint motion to dismiss, with prejudice, all claims asserted in the Litigation.



If you would like more information on this topic, please contact:

Paul Lord

Paullord@zlpam.ca

+1 832 727 9288



About ZL Chemicals

ZL Chemicals Ltd., is a Canadian owned enterprise with global operations across North America, Asia, and the Middle east. Over the past 26 years, ZL and our talented team have built a reputation as a dependable, innovative, and ethical company that solves our oil and gas customers’ toughest challenges. ZL is dedicated to bringing the best products/technology, security of supply, and global expertise to service our customers across the globe. Its expertise and innovative products unlock access to energy for the benefit of all.

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